By Laurent Belsie 16 August 2018 (The Christian Science Monitor) – Climate change is starting to pack an economic punch. In California this summer, severe wildfires have intensified a political brawl over who should shoulder the liability. Utility companies, which carry most of the risk if their equipment starts a fire, charge that they could […]
31 July 2018 (Bloomberg News) – From London to Sydney and Beijing to New York, house prices in some of the world’s most sought-after cities are heading south. Tax changes to damp demand, values out of kilter with affordability and tougher lending standards have combined to undermine the market. That could have wider implications because […]
By Steven Pearlstein 27 July 2018(The Washington Post) – Like most people, you probably assume that the level of lending done by banks at any moment is largely driven by how much demand there is from borrowers. But in the world of modern finance, that’s only part of the story. For just as important is […]
By Gideon Long 24 July 2018 Bogotá (Financial Times) – Inflation in Venezuela this year is likely to hit levels seen in the Weimar Republic in Germany in the 1920s and Zimbabwe a decade ago as the government continues to pump out bank notes in response to its deepening economic crisis, the International Monetary Fund […]
21 July 2018 (The Economist) – Squeezing the top one percent ought to be the most natural thing in the world for politicians seeking to please the masses. Yet, with few exceptions, today’s populist insurgents are more concerned with immigration and sovereignty than with the top rate of income tax. This disconnect may be more […]
By Heather Long 13 July 2018 (The Washington Post) – Prices rose at their highest clip since 2012 over the past year, the Labor Department reported Thursday.The 2.9 percent inflation for the 12-month period ending in June is a sign of a growing economy, but it’s also a painful development for workers, whose tepid wage […]
30 May 2018 (University of Melbourne) – Australia will still be the lucky country when it comes to changes in local climate as a result of climate change if global average surface temperatures reach the 1.5°C or 2°C limit set by the Paris agreement. But in other countries right across the tropics, including close neighbour […]
By Scott W. Allard 3 June 2018 (Business Insider) – In the US, the geography of poverty is shifting.According to a May report from the Pew Research Center, since 2000, suburban counties have experienced sharper increases in poverty than urban or rural counties.This is consistent with research across the U.S. over the past decade – […]
By Heather Long 25 May 2018 (The Washington Post) – The U.S. economy has a problem. The usual economic bench marks look really good: America in 2018 is enjoying faster growth, low unemployment, record numbers of job openings and a stock market near an all-time high. Yet an alarming number of Americans are still struggling […]
By Jeanfreddy Gutiérrez Torres 21 May 2018 LAKE MARACAIBO, Venezuela (Mongabay) – The wildlife of Venezuela, one of 17 countries that account for 70 percent of the world’s biodiversity, has come under new pressure in addition to deforestation, toxic oil spills. and illegal trafficking: human starvation.The economic crisis that began in 2014 with the collapse […]
